Merchant Services Red Flags

Many merchant service companies, that are not the ones you want to work with, will offer super low charge fees but hit your business with hidden fees that will cost you a lot. Always ask about ALL the fees associated with your new account before you sign any contract. Here are some hidden or excessive fees to watch out for:

 *Unusual setup fees
 *Gateway fees
 *Software fees
 *Connection fees
 *Licensing fees
 *Annual renewal fees
 *Customer support charges
 *Cancellation or termination charges
 *Chargeback fees
 *Daily settlement fees
 *Bank deposit fees
 *Below minimum fees
 *Retrieval fees
 *Report fees and charges
 *Statement fees
 *Tech support fees
 *Voice authorization fees
 *Card decline fees
 *and the list goes on......

Barry is a speaker, business author and helps new businesses avoid excessive expenses and find their target market. www.idealetter.com